The Central Bank of Russia introduced a new procedure for cash withdrawals from foreign currency accounts and deposits. It applies to all Russian banks. The new rules came into effect on March 9, 2022 and will remain in effect until September 9, 2024.
If funds were credited to your foreign currency accounts before 00.00 (MSC) on 09.03.22, you may withdraw cash in US dollars and euros, but no more than 10,000 US dollars in total from all accounts. If the account is opened in another currency, automatic conversion will be made at the Central Bank exchange rate set for the withdrawal date. If accounts are opened in different banks, you may withdraw up to 10,000 US dollars from each of them. You may withdraw the remaining amount in Russian rubles at the Central Bank exchange rate set for the date of withdrawal.
If funds were credited to your foreign currency accounts from 00.00 (MSC) on 09.03.22 until 00.00 (MSC) on 09.09.22, you may withdraw cash in Russian rubles at the Central Bank exchange rate set for the date of withdrawal.
If funds were credited to your foreign currency accounts after 00.00 (MSC) on 09.09.22, you may withdraw cash in Russian rubles at The bank exchange rate set for the date of withdrawal.
You may withdraw cash at the teller desk of any bank branch convenient for you.
There are no restrictions on ruble deposits and accounts, funds in the accounts are preserved, and all transactions are available at any time.
You can always contact us and find out the information you need.
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